Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$369,933$369,933$411,300
Remaining term (yrs)25.025.030.0
Secondary amount$0$41,367$0
Funding fee$1,850$1,850$0
Note rate2.990%2.990%7.400%
Blended rate2.990%3.594%7.640%
1st payment$1,744.54$1,744.54$2,847.76
2nd payment$0.00$310.25$0.00
Taxes / mo$320.50$320.50$320.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.26
HOA / mo$0.00$0.00$0.00
Total monthly$2,231.70$2,541.96$3,417.18
Cash to close$87,067$45,700$45,700